Hi Dazza,We use BMT & Associates for our properties.  They have offices around Australia Melbourne Contact # 03 9654 2233

How about you just ask them to deduct the $6,000 and send you $294,000. 

Hi Rafael,Just a thought – why not purchase now at possibly a lower price than that which may  be on offer next year and pay what you where going to save over the next 12 months off the mortgage in addition to the rent I am assuming that you are paying now.   Without knowing your financial circumstances this suggestion would probably be more th…[Read more]

Hi Nitrodrops  You can download from the Qld Government website for free.Go to Departments – Look up Fair Trading there is a section for forms and you will find it there.  If you have any problems send me a fax number and I'll forward one to you. 

Qlds007Minimum 6% ?  How do you know this to be a fact?  If developer sells property at the same price to the public as you can purchase through TIC how does this mean property is usually overpriced?  More importantly – how is it then construed that because a higher commission may be paid to such groups that the buyer is buying an overpri…[Read more]

doubledown trent wrote:

hbbehrendorff wrote:
I'm sorry that my quickly blotted out 1000 word thesis on very broad economic fundamentals contained some bad grammar,  Obliviously I have been caught out for the fraud I am and no longer have any credibility Because the truth is I failed every grade past the 7th and didn't even complete year…[Read more]

I have used a company called BMT Quantity Surveyors for our properties in QLD.  They are a national company and have an office in Adelaide try them.  We have been happy with their services and my accountant likes their reports – helps at tax time. 

Hi AndrewDAm I right in assuming that this is the home you currently live in?  If so and you intend to do as you have suggested and claim depreciation etc I'm sure you will have Capital Gains tax implications if you decide to sell.  Just check with your tax adviser to ensure you are not setting yourself up for an unexpected ATO surprise.  

Wow congratulations on having the intelligence to buy your first home.You say that you could handle an extra $40 per week "if you have to" so why not do it now and have the benefit of building up a good buffer if rates do go up.  This extra payment would have a good effect in reducing your loan much more quickly.I would be very wary of fixing ra…[Read more]

Hi Alister,I'm always wary of just looking at the cash flow a property generates. I much prefer to invest in areas that have a wider macro-economic appeal e.g Capital cities/major regional centres, rather than an area that is predominantly supported by one or two industries.  If the industry slows down or shuts down what value then for your p…[Read more]

dr house wrote:
I may look at selling a 4 bedroom, 2 bathroom home in Canungra, which has had excellent growth and never any tenant vacancies.Current rental return $320, but that is a little low (should be around $350).Please contact me if interested.

Hi drhouse  I could be interested – whats the best way to contact you

 Terry – I agree entirely.  Thanks for the explanation. Much better to keep borrowings simple – sure makes tax time easier.

Hi Richard,Just querying your comment that the $10,000 in LOC won't be  tax deductible if  Eric uses it towards purchase an investment property.I have done this on numerous occasions to buy IP and have had no problem claiming the interest as a tax deduction.  If the purpose the money is used for is to produce an income producing asset such as an…[Read more]

Why not go to http://www.realestate.com and look up available rentals in your area to give you an idea of what you will be competing against.I think asking a few agents in the area how the rental market is is a good idea.  If you say you are looking to provide a rental property (no need to tell them at this stage where) and you want some recent…[Read more]

You have a point, but I feel the market will determine how many tenants are available not a particular property manager. Does the on site manager own the management rights for the complex?  If so they have a vested interest in securing as many tenants as possible as this is how they secure their financial future.  If your tenant has an emer…[Read more]

I owner built a home years ago – NEVER AGAIN.  Too many issues trying to control tradies being on time, budget etc, lenders reluctant to release funds until they had thorough inspections done on each phase -time consuming.Ran over time and over budget, even though I did save some money.Was the stress, angst and anguish worth it – NO.Have sinc…[Read more]

We use on site managers.  When they are choosing your tenants they are also choosing their neighbours. 

Just a thought.  What is all the talk about TIC and the like charging big fees.  If the price of the property is the same for EVERYBODY in the market place regardless of who they purchase through – TIC, Local RE Agent, builder/developer direct –   does it really matter if the developer/builder decides as a marketing advantage  that paying extra…[Read more]

For our house/land investment properties we use  Allianz and found them to be excellent.  Have had to make 2 claims in the past 18months and couldn't be happier with how they were  handled.  Very professional organisation.For our apartment investments we use TerriScher.  Haven't had to make any claims yet, but  our PM from experience says they a…[Read more]

Hi Spudway.one of life's little wisdoms for you"People who matter don't judge, and people who judge don't matter"Forget Crashy and good luck and well done for having a go.